MT

Montana Housing Market

2026 Market Report & Data · Data through September 2026 · Source: Redfin

$518K

Median Price

83

Days on Market

6.1

Months Supply

+2.0%

YoY Change

Buyer's Market

Market Type

Buyer's Markets (36) Seller's Markets (17) Cheapest Cities Fastest Selling Rising Markets (10) Price Drops (10)

Market Dashboard

Market Summary

Buyer's Markets

36

cities with 6+ months supply

Balanced Markets

43

cities with 3-6 months supply

Seller's Markets

17

cities with <3 months supply

Top 10 Most Affordable Cities in Montana

Ranked by lowest median home price.

City Median Price DOM
1. Augusta $50K 121d
2. Luther $60K 245d
3. Stockett $65K 38d
4. Elkhorn $95K 84d
5. Rapelje $129K 129d
6. Ballantine $145K 42d
7. Custer $160K 72d
8. Walkerville $189K 44d
9. Silesia $190K 57d
10. Neihart $215K 44d

🏰 Top 10 Most Expensive Cities in Montana

Ranked by highest median home price.

City Median Price DOM
1. Nye $3.00M 46d
2. Big Sky $2.20M 102d
3. Gallatin Gateway $2.00M 53d
4. Springhill $1.98M 49d
5. Sedan $1.95M 55d
6. Fox $1.48M 27d
7. Gallatin River Ranch $1.45M 77d
8. South Hills $1.35M 124d
9. Monarch $1.30M 451d
10. Churchill $1.27M 124d

Top Buyer's Markets in Montana

36 cities have more than 6 months of inventory — buyers can negotiate.

City Months Supply Median Price DOM
1. West Yellowstone 32.1 mo $649K 310d
2. Bridger 24.5 mo $245K 154d
3. Marion 24.5 mo $1.20M 89d
4. Churchill 22.5 mo $1.27M 124d
5. Condon 16.1 mo $1.15M 227d
6. Jefferson City 16.1 mo $549K 77d
7. Piltzville 16.1 mo $649K 23d
8. South Hills 16.1 mo $1.35M 124d
9. Three Forks 16.1 mo $514K 129d
10. Little Bitterroot Lake 15.3 mo $770K 222d

Top Seller's Markets in Montana

17 cities have less than 3 months of inventory — sellers have the advantage.

City Months Supply Median Price DOM
1. Batavia 1.1 mo $899K 182d
2. Forest Hill Village 1.1 mo $489K 112d
3. Hungry Horse 1.1 mo $439K 35d
4. Frenchtown 1.5 mo $699K 75d
5. Worden 1.5 mo $415K 50d
6. Absarokee 1.6 mo $372K 48d
7. Basin 1.6 mo $294K 66d
8. Wye 1.6 mo $590K 288d
9. Bonner-West Riverside 1.9 mo $410K 44d
10. East Helena 2.0 mo $435K 75d

Top 10 Fastest Selling Cities in Montana

Cities where homes sell fastest, ranked by lowest median days on market.

City Days on Market Median Price
1. Rimini 7d $475K
2. Piltzville 23d $649K
3. Willow Creek 23d $340K
4. Fox 27d $1.48M
5. Hardy 31d $689K
6. Hungry Horse 35d $439K
7. Vaughn 35d $449K
8. Stockett 38d $65K
9. Columbus 41d $289K
10. Ballantine 42d $145K

Top Rising Markets in Montana

Cities with the largest year-over-year price gains. Appreciation can signal momentum, but also affordability pressure.

City YoY Change Median Price
1. Evergreen +25.3% $539K
2. Manhattan +24.8% $682K
3. Bigfork +23.2% $985K
4. Columbia Falls +16.0% $565K
5. Laurel +12.3% $337K
6. Orchard Homes +11.9% $699K
7. King Arthur Park +10.4% $712K
8. Lolo +10.0% $659K
9. Columbus +8.2% $289K
10. Helena Valley West Central +7.8% $528K

Cities with Price Drops in Montana

Cities with year-over-year price declines. These can be buying opportunities — or signals of softening demand.

City YoY Change Median Price
1. Lincoln -42.2% $315K
2. Four Corners -30.4% $957K
3. Whitefish -24.7% $975K
4. Lockwood -21.1% $355K
5. Somers -19.4% $663K
6. Seeley Lake -17.9% $624K
7. Bozeman -11.4% $664K
8. Helena Valley Northeast -10.0% $625K
9. Helena Valley Southeast -7.4% $500K
10. East Helena -7.4% $435K

All 140 Cities in Montana

Montana Real Estate Market Overview

The Montana housing market currently shows buyer's market conditions, with a median sale price of $518K and 6.1 months of inventory supply. Homes in Montana typically sell in 83 days.

Key Market Insights for Montana

Finding an Agent in Montana

Whether you're buying or selling in Montana, working with a local real estate agent who understands these market dynamics can help you achieve the best outcome. Our network of verified agents across Montana provides expert guidance tailored to your specific city and neighborhood.

Frequently Asked Questions About Montana Real Estate

Is Montana a buyer's or seller's market in 2026?

Montana is currently classified as a buyer's market based on months of supply data. Higher inventory levels give buyers more choices and stronger negotiating power. Market conditions vary by city, so check local data for your specific area.

What is the median home price in Montana?

The median home price in Montana is approximately $518K as of September 2026. Prices range significantly across the state, with Nye among the most expensive areas and Augusta offering more affordable options. Work with a local real estate agent for the most current pricing in your target neighborhoods.

How long does it take to sell a house in Montana?

Selling timelines in Montana vary by city and market conditions. The fastest-selling markets include Rimini with a median of 7 days on market. Factors like pricing strategy, home condition, location, and seasonality all affect how quickly a home sells. A skilled listing agent can help price and market your home for a faster sale.

Should I buy a house in Montana right now?

Whether to buy in Montana depends on your personal finances, timeline, and target market. Current buyer-favorable conditions mean more negotiating power and less competition. Consider factors like mortgage rates, your job stability, how long you plan to stay, and local price trends. Consult with a local real estate agent who can advise on specific neighborhoods.

How do I find a real estate agent in Montana?

Start by researching agents with proven experience in your target Montana market. Look for agents with strong local transaction history, positive client reviews, and expertise in your price range. Interview at least 2-3 agents before choosing. Ask about their recent sales, marketing strategy, and communication style. Our directory features verified agents across Montana to help you find the right match.

Find a Montana Real Estate Agent

Connect with a local expert who knows your market.

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